Back in 2024, $SUI crypto and $TON coin were among the cryptocurrencies that performed well in the market. However, both cryptocurrencies have seen significant price drops from their peak values in 2025. Today, we will discuss which crypto token has performed better than the other:
Key Metrics Of TON And SUI Tokens
It's been a rough time for the TON blockchain and its token. Its stablecoin market cap hit $1.42 billion in February 2025, and its TVL reached 772.91 million in July 2024.
Now, TON's stablecoin market cap has gone down to $948.5 million, and TVL hovered at $148.55 million. Its DEX volume also dropped considerably from as high as $ 192.63 million at its peak in November to $6.42 million a few days back.
On the other hand, the TVL of the SUI blockchain peaked at $2.20 billion in early January. It has since dropped down to $1.25 billion as of 17 April. Also, its stablecoin market cap reached a new ATH at $802.5 million in recent times.
Interestingly, SUI crypto’s DEX volume remained robust despite the recent disruptions in the market.
For context, its peak volume clocked in at almost $1 billion towards the end of March. It then hovered around $472.54 million a few days back.
Which Token Performed Better Than The Other?
TON coin is priced at $2.94 at the press time. It shows a 64.4% drop from its peak, with a market cap of $7.38 billion.
On the other hand, SUI crypto is priced at $2.08, a 61% drop from its peak, with a market cap of $6.77 billion.
TON coin has struggled with demand and adoption, while SUI crypto has shown stronger performance and utility. TON coin’s sell pressure started in June and failed to push to new highs after the November rally.
This signals weaker demand for the cryptocurrency compared to its counterpart, the SUI token, whose price soared to new historic highs just this year.
Sui Network As The Winner
Sui blockchain has a higher DEX volume than the TON blockchain, and it showcased better utility. TON blockchain has faced criticism for its reliance on Telegram-based projects and lack of proper checks on project legitimacy.
Meanwhile, Sui blockchain projects have performed much better, with a bit more serious focus.
Sui network’s stronger performance may fuel more utility and demand for the SUI crypto compared to TON coin and its native blockchain.
